Business Owner's Guide to Accounting and Bookkeeping (PSI Successful Business Library)

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9781555713812: Business Owner's Guide to Accounting and Bookkeeping (PSI Successful Business Library)

Business Owner's Guide to Accounting & Bookkeeping features clearly written, step-by-step explanations and practice situations to give you the basics you need to understand the economics of your business.

This essential primer takes the mystery and intimidation out of business accounting and bookkeeping and helps you interpret and prepare financial statements and organize your own set of books.

You will learn to generate your own statements, interpret your statements for internal planning, and plan for your company's future using budgets. This guide's practical introduction to business financing will also help you:
* Use and interpret financial statements
* Set up or restructure your business' books
* Use the One-Write System
* Quickly detect and correct errors
* Monitor accounting tasks
* Understand how banks analyze your company's financial status
* Determine when and how to switch to computerized accounting
Written for:
* Owners or Managers of Small Business
* Entrepreneurs
* Accountants/Bookkeepers
* Business Consultants
* Educators
Includes dozens of sample financial statements and rule-of-thumb formulas to help non-accountants easily comprehend and use:
* The Balance Sheet
* Payroll Schedules
* The Income Statement
* Depreciation
* Ratio Analysis
* Bank Reconciliation
* Budgeting
* Internal Controls
* Journals
* Accounting Systems
* The General Ledger

"synopsis" may belong to another edition of this title.

From the Publisher:

Makes understanding the economics of your business simple. Explains the basic accounting principles that relate to any business. Step-by-step instructions for generating accounting statements and interpreting them, spotting errors, and recognizing warning signs. Discusses how creditors view financial statements.

About the Author:

Jose Placencia serves as a consultant to small business. He holds an M.B.A. from the University of Santa Clara.

Bruce Welge, a co-founder of several start-up companies, has been a Senior Financial Consultant to entrepreneurs, Director of Planning and Analysis with Itel Corporation, and founder of a venture capital firm.

Don Oliver, born and educated in Scotland, is a British Chartered Accountant and a California CPA. He has a B.A. in Accountancy and Finance from Heriot-Watt University in Edinburgh. Currently, he is a partner in a San Francisco corporate finance and business advisory firm.

"About this title" may belong to another edition of this title.

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